News – Page 65
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ArticleEXCLUSIVE: Hays holds pensions roadshows for 3,500 UK employees
EXCLUSIVE: Recruitment organisation Hays is holding a series of pensions-themed roadshows for its 3,500 employees across 17 of its UK sites.The pensions roadshows, which are running for two weeks from Monday 16 October 2017, form part of the organisation’s overall financial capability and wellbeing strategy. Financial wellness and money is ...
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Article75% have not received employer-provided financial education
Three-quarters (75%) of employee respondents have not received financial education from their employer to help them understand what savings choices exist and what is best for them, according to research by Close Brothers and the Pension and Lifetime Savings Association (PLSA).Its The lifetime savings challenge report 2017, which surveyed 1,000 ...
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ArticleEXCLUSIVE: Medway NHS Foundation Trust abolishes lowest pay grade
Employee Benefits Live 2017: Kent-based Medway NHS Foundation Trust has abolished its lowest pay grade in order to improve the financial wellbeing of its employees.Speaking in a panel discussion session titled ‘The financial wellbeing journey’ at Employee Benefits Live 2017, James Devine, executive director of HR and organisational development at ...
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ArticleEXCLUSIVE: Travis Perkins and Hays tailor financial wellbeing messages
Employee Benefits Live 2017: Building merchant organisation Travis Perkins and recruitment organisation Hays have tailored their respective financial wellbeing communications in order to engage their differing workforces.Travis Perkins has centred its financial wellbeing communications on established health and safety messages, which its employees readily engage with. A large number of ...
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ArticleEXCLUSIVE: Neyber to discuss financial wellbeing at Employee Benefits Live 2017
EXCLUSIVE: Nick Burns (pictured), chairman of the advisory board at Neyber, will discuss the cause and effect impacts of financial wellbeing issues on employees’ physical and mental health at Employee Benefits Live 2017.The session, titled ‘How are employees benefitting from financial wellbeing strategies?’, will form part of the financial wellbeing ...
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Article71% believe staff are distracted by personal debt at work
Just under three-quarters (71%) of employer respondents believe that employees may be distracted by personal debt problems while at work, according to research by Jelf Employee Benefits.The research, which surveyed 319 employers, also found that 43% of respondents believe employees at their organisation have been absent from work over the ...
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ArticleEXCLUSIVE: UK Power Networks to launch online financial education programme
EXCLUSIVE: Electricity supply organisation UK Power Networks to launch an online financial education programme for its 5,700 UK-based employees.The new programme, provided by Nudge, will be introduced to staff in August 2017 as part of the organisation’s wider employee wellbeing strategy. The programme will involve personalised emails or text messages ...
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ArticleLorica relaunches in the employee benefits market
Corporate wealth management organisation Lorica has re-entered the employee benefits market to offer financial wellbeing and pension support services to employers.The organisation, which sold its employee benefits business to consultancy Aon in 2014, launched its new benefits proposition on 1 June 2017. Lorica continued to operate as a wealth management ...
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ArticleStarbucks UK enhances rental deposit loan scheme
Coffee organisation Starbucks has enhanced its rental deposit loan scheme for UK employees, enabling more staff to gain access to the benefit.The Home Sweet Loan scheme, which launched in September 2015, provides eligible employees with an interest-free loan, up to the value of a month’s salary, to cover the costs ...
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ArticleDebbie Lovewell-Tuck: The new world of financial wellness
As our inaugural Financial Wellness Week, in association with Neyber, draws to a close, it’s time to reflect on the trends and issues currently driving this area of the benefits market.The importance of financial wellness on the corporate agenda was cemented last week with the appointment of Guy Opperman as ...
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ArticleFinancial wellness in numbers
A round-up of some of the key facts and figures relating to financial wellness in the workplace:!function(e,t,s,i){var n="InfogramEmbeds",o=e.getElementsByTagName("script"),d=o[0],r=/^http:/.test(e.location)?"http:":"https:";if(/^\/{2}/.test(i)&&(i=r+i),window[n]&&window[n].initialized)window[n].process&&window[n].process();else if(!e.getElementById(s)){var a=e.createElement("script");a.async=1,a.id=s,a.src=i,d.parentNode.insertBefore(a,d)}}(document,0,"infogram-async","//e.infogr.am/js/dist/embed-loader-min.js");
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ArticleEXCLUSIVE: 26% run workplace financial education initiatives
EXCLUSIVE: Around a quarter (26%) of employer respondents have financial education initiatives in place, according to research by Employee Benefits and Staffcare.The Employee Benefits/Staffcare Benefits research 2017, which surveyed 271 employer respondents in February-March 2017, also found that 32% are looking to implement financial education initiatives.While not directly comparable, 14% ...
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ArticleDebbie Lovewell-Tuck: Welcome to Financial Wellness Week
Welcome to Employee Benefits’ Financial Wellness Week in association with Neyber.The importance of financial wellness on the corporate agenda was cemented last week with the appointment of Guy Opperman as parliamentary under-secretary for pensions and financial inclusion at the Department for Work and Pensions (DWP). This position replaces that of ...
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ArticleDo not miss Financial Wellness Week 2017
Employee Benefits will host Financial Wellness Week, in association with Neyber, on Monday 19 June to Friday 23 June 2017, which will feature exclusive insights into how best to support the financial health of employees.New in-depth analysis, best practice case studies, and expert opinion on the latest trends in workplace ...
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ArticleWatch Employee Benefits Wired: Supporting financial wellbeing on demand
Employee Benefits Wired: Supporting financial wellbeing is now available to watch on demand. The 30-minute panel discussion can be viewed online anytime on the Employee Benefits video channel. The live panel debate took place on Thursday 25 May 2017 in association with Neyber. The panel included Debbie ...
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ArticleEXCLUSIVE: Atomic Weapons Establishment launches online financial education programme
EXCLUSIVE: National defence organisation the Atomic Weapons Establishment (AWE) has launched an online financial education programme for its 4,900 UK-based staff.The financial education programme, delivered by Nudge, launched on 12 May 2017 for all employees who work across AWE’s five UK sites.The programme was implemented to help attract and retain ...
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ArticleEXCLUSIVE: 39% believe their employer cares about their financial wellbeing
EXCLUSIVE: More than one third (39%) of employee respondents feel their employer cares about their financial wellbeing, according to research by Neyber.Its The DNA of financial wellbeing 2017 report, which surveyed 10,004 employees and 516 HR directors, also found that 75% of employer respondents believe their employees feel as though ...
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ArticleDo not miss Employee Benefits Wired: Supporting financial wellbeing
Employee Benefits Wired: Supporting financial wellbeing, presented in association with Neyber, will be broadcast live at 11am on Thursday 25 May 2017.The expert panel discussion can be viewed for free on the Employee Benefits video channel.The online debate will provide insights on the key factors that influence employees’ financial wellbeing, ...
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Article39% believe the Lifetime Isa will cause confusion among staff
Over a third (39%) of employer respondents believe the introduction of the Lifetime individual savings account (Lisa) will cause confusion for employees looking to save, according to research by Close Brothers Asset Management.Its Business barometer report, which surveyed 900 UK employers, also found that 20% of respondents plan to respond ...
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Article48% say financial education would help them save for retirement
Just under half (48%) of respondents believe that financial education would help them to save for retirement, according to research by Capita Employee Benefits.Its Insight report, which surveyed 1,801 UK employees aged 16 or over, also found that 73% of respondents expect their employer to provide tailored guidance on the ...